Egg Freezing And Embryo Banking Market Forecast 2025-2034: Growth Dynamics, Emerging Trends, and Strategic Opportunities
2025 Market Reports Update: Market Size Forecasts to 2034, Key Trends, Leading Players, and Top Regions – Get Ahead of the Competition Today!
Which Major Market Drivers Are Expected to Boost the Growth Potential of the Egg Freezing And Embryo Banking Market?
The increase in social freezing is predicted to power the expansion of the markets for egg-freezing and embryo banking. The term social freezing pertains to the method whereby a female undergoes ovarian stimulation, egg removal, and their subsequent freezing for reasons that are not medically related. The trend of social freezing emerges from a desire to retain fertility and keep the choice of having children at a later stage in life for reasons like career priorities, education, absence of a partner, or financial security. Egg freezing and embryo banking are pivotal in social freezing, providing individuals the chance to maintain their fertility and reproductive options for non-medical reasons, thereby allowing them to make well-informed choices about family planning on their own terms. For example, as per the National Library Of Medicine, a US government agency, in March 2022, a total of 167 women underwent 184 social egg freezing cycles on average. The average age during freezing was 37.1 years, and about 9.5 eggs were typically frozen per retrieval. 16% of these women eventually returned to utilize their frozen eggs. Hence, the increasing trend of social freezing is driving the growth of the egg-freezing and embryo banking market.
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#What Long-Term Growth Rate is Expected for theEgg Freezing And Embryo Banking Market Between 2025 and 2034?
In the past few years, the market size for egg freezing and embryo banking has seen a significant rise. It’s projected that it will escalate from $3.91 billion in 2024 to $4.46 billion in 2025, with a compound annual growth rate (CAGR) of 14.2%. The increase during the historical period is due to a surge in fertility problems, broadened insurance coverage, a rising need for donor eggs, and the popularity of social egg freezing events.
In the forthcoming years, the market for egg freezing and embryo banking is predicted to witness a swift expansion. It is forecasted to escalate to $7.51 billion by 2029, exhibiting a compound annual growth rate (CAGR) of 13.9%. Factors driving this growth during the projected period include the prevalence of social freezing, amplified research and development, preimplantation genetic testing, escalating educational programs, and a surge in the number of women turning to IVF services. Key trends expected during this period comprise of product innovation, collaborations, and further research and developments.
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What Are the Key Market Innovations in theEgg Freezing And Embryo Banking Market Over the Coming Years?
Key players in the egg-freezing and embryo banking sectors are honing their focus on the creation of advanced fertility preservation banks to provide all-inclusive solutions for fertility preservation. Preservation Bank is an innovative approach that offers intended parents frozen donor eggs, presenting a viable substitute to the traditional use of fresh eggs. An illustration of this is the launch of Pinnacle Egg Bank by Pinnacle Fertility, a leading fertility services provider based in the US, in March 2023. This launch was designed to amplify the availability of egg donor options across the nation. Pinnacle Egg Bank provides an array of distinct features including the provision of high-quality frozen donor eggs, a detailed screening protocol for potential egg donors, extensive knowledge and experience in egg donation and cryopreservation, a smooth, all-inclusive journey for patients, and success rates that are on par with the use of fresh eggs.
Who Are the Top Companies Driving Innovation and Growth in theEgg Freezing And Embryo Banking Market?
Major companies operating in the egg freezing and embryo banking market are Mayo Clinic, Cleveland Clinic Fertility Center, The Cooper Companies Inc., Reproductive Medicine Associates Network LLC, Shady Grove Fertility, Virtus Health Limited, Monash IVF Group Limited, Kindbody Inc., Carrot Fertility Inc., CREATE Fertility Limited, New England Cryogenic Center Inc., CCRM Management Company LLC, Reproductive Biology Associates LLC, Genea Limited, WINFertility Inc., California Cryobank Inc., Fairfax Cryobank Inc., Institut Marquès, Extend Fertility Medical Practice PLLC, The London Women’s Clinic Limited, Kitazato Corporation, ReproTech LLC, IVF Australia, CHA Medical Group Inc., West Coast Fertility Centers Inc.
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Which Key Market Segments Comprise the Egg Freezing And Embryo Banking Market and Drive Its Revenue Growth?
The egg freezing and embryo banking market covered in this report is segmented –
1) By Type: Donor, Non-donor
2) By Preservation: Egg Freezing, Embryo Freezing
3) By Application: Under 30 Year Old Female, Above 30 Year Old Female
4) By End Users: Fertility Centers, Hospitals, Cryo Banks, Other End Users
Subsegments:
1) By Donor: Egg Donation, Embryo Donation
2) By Non-donor: Egg Freezing, Embryo Freezing
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Which Regions Are Emerging as Leaders in the Egg Freezing And Embryo Banking Market?
Europe was the largest region in the egg freezing and embryo banking market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the egg freezing and embryo banking market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
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